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STEMS4GIRLS
Home
About Us
  • About Us
  • Board of Directors
  • Community Service
Register
Programs
  • STEM Literacy Services
  • Community Engagement
  • Community Service Program
  • Resources for donors
Donate
Contact
Events
NEWS
COVID-19 Response
Gallery
Resources
More
  • Home
  • About Us
    • About Us
    • Board of Directors
    • Community Service
  • Register
  • Programs
    • STEM Literacy Services
    • Community Engagement
    • Community Service Program
    • Resources for donors
  • Donate
  • Contact
  • Events
  • NEWS
  • COVID-19 Response
  • Gallery
  • Resources
  • Home
  • About Us
  • Register
  • Programs
  • Donate
  • Contact
  • Events
  • NEWS
  • COVID-19 Response
  • Gallery
  • Resources

RESOURCES FOR OUR DONORS

Opting out of the child tax credit

3 reasons why you might want to before Aug. 2,

Katie Teague

July 17, 2021 

https://www.cnet.com


Three reasons to opt out of monthly child tax credit payments

Here are some reasons why unenrolling from the advance payment program may be a good idea: 

  • You'd rather have one large payment next year instead of seven smaller payments spanning 2021 and 2022. This could be the case for families saving up for a big expense or those who've budgeted for that money to pay off outstanding debt. 
  • You know your household circumstances or tax situation will change (or has already changed) this year and don't want to deal with having to update your information in the portal. This could be the case for divorced parents who alternate custody of a child. 
  • You're concerned the IRS might send you an overpayment based on old tax information, and you don't want to worry about paying that money back. That could be the case if your household income goes up or if a dependent ages out of an age bracket before the end of 2021. 

 

Now is the perfect time to take advantage of becoming a regular donor by giving to qualifying charities providing critical STEM services through employer's charity giving programs, face book birthday fundraiser, tax deductible donation by mail or on email site and, several shopping platforms have a option for you to donate to a qualifying charity.


Click here to read more

STEMS4Girls, Inc.  is a 501(c)(3) organization.   Copyright © 2022 STEMS4GIRLS - All Rights Reserved.

 

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